Germany

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Bitcoin in Brief Wednesday: German Banks Trade Cryptos, US Universities Invest in Crypto Hedge Funds

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In today’s Bitcoin in Brief, regulators in Berlin have revealed that at least six German financial institutions are involved in cryptocurrency trading. Also, it has been reported that American universities have started investing in crypto hedge funds. The investments are on a limited scale but nevertheless indicate a growing interest from academic institutions. And, authorities … Read more

German Government Raids Apartment, Confiscates and Sells $14M in Bitcoin

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Earlier this week, German mainstream media outlet Der Tagesspiegel reported that local authorities had raided the apartment of a criminal group and confiscated more than $14 million in Bitcoin and other cryptocurrencies including Bitcoin Gold, Bitcoin Cash, and Ether. Waited Out Hard Forks German law enforcement arrested members of a criminal group and raided their residences … Read more

29% of Germans Interested in Investing in Cryptos, Study Finds

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The recent downward spiral of cryptocurrency prices has done little to bring down the excitement around the industry in Germany, with 29% of the population viewing investing in cryptos as an interesting investment opportunity. A report by Deutsche Postbank has revealed that interest in crypto investing is especially high among younger citizens, with one in two Germans … Read more

Nearly $14 Million in Crypto Sold by German Police

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Lul.to, a German audio and e-book pirate platform, trafficked in close to a quarter million titles, serving 30,000 users. Summer of last year, the country’s Cyber Crime Competence Center (SN4C) shut the site down and arrested its operators. A basket of cryptocurrencies were seized in the process. Over a two month period, they were sold … Read more

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